Insights On APAC’s Bakery & Confectionery Market

Government restrictions and consumer wariness due to COVID-19 is affecting bakery and confectionery markets across APAC, says GlobalData. The onset of the COVID-19 pandemic impacted the bakery and confectionery markets across the Asia-Pacific (APAC) region from late March 2020. The strict lockdown enforced by several APAC governments disrupted production and…

Gluten-Free And Dairy-Free Products Gaining Popularity In APAC

The plethora of products hitting retail shelves bears testimony to the rising interest and uptake of free-from products in Asia-Pacific. Contributed by GlobalData. Consumer behaviour—more so in relation to their choice of what they consume—is largely a product of their economic wellbeing, awareness of surroundings and an innate desire to…

Sugar & Sweeteners: Evolving Trends In Asia Pacific

Increasing health awareness among consumers, coupled with government regulations in the form of sugar levies, give soft drinks and confectionery brands across the Asia Pacific (APAC) region an opportunity to innovate and reformulate, says GlobalData, a leading data and analytics company. Rising Prevalence Of Health Concerns There has been a…

Fifth Of Consumers Trying To Lose Weight Are Concerned About Disease

Widespread media coverage of the high and growing prevalence of overweight or obese individuals globally has heightened awareness of weight management. As a result, more than one fifth of consumers trying to lose weight are concerned about related diseases and conditions such as high or low blood pressure, according to…

Plant-Based Beverages: Key Trends In Asia

A significant lactose-intolerant population in Southeast Asia offers huge potential for dairy producers to launch new and diverse lactose-free product ranges in the market. By Arvind Kaila, Consumer Markets Analyst at GlobalData Lactose intolerance, the growing trend towards veganism, product personalisation, health & wellness, ethical and environmental concerns, and fears…

The Evolution Of Snack Trends In Asia-Pacific

APAC consumers seek a balance of healthfulness and sensory pleasure from their bakery and confectionary brands. As a result, manufacturers face the challenge of formulating products with more natural and nutrient-rich ingredients with less artificial additives, without compromising on the consumption experience. By Bobby Verghese, Consumer Markets Analyst at GlobalData. …

Disruptive Technologies Improve Productivity

Individualistic and empowered consumers desire to take control of all aspects of their needs and lifestyle preferences. GlobalData’s 2018 Q4 consumer survey substantiates how consumers in Asia-Pacific (APAC) depend on technology in their daily lives.   Manufacturers have recognised that innovation and technology adoption is the foremost growth mantra in…

GlobalData’s Snapshot Of APAC Dairy And Milk Beverages Market

Changing consumer trends such as the growing demand for ‘better-for-you’ and ‘clean label’ products, rising popularity of ‘functional beverages’ and the growth in protein consumption will drive innovation in the dairy beverages sector. By GlobalData. Robust economic growth and a large population base is driving the Asia-Pacific (APAC) region’s Dairy…

Trends Shaping The Confectionery Market

Trend report: the APAC market for confectionery products is forecast to grow at a compound annual growth rate (CAGR) of 5.8 percent from US$41.6 billion in 2018 to US$55.1 billion in 2023, says GlobalData. The confectionery sector in the Asia-Pacific (APAC) region has undergone a significant transformation over the past…
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